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<br />SAMPLE <br />Narne of Grantee:: Grant ID <br />Type 4f Grant: Grant Amount <br />Grant Cycle: <br />Effective Date: <br />'' Termination Date'z <br />ATTACHMENT B-2 <br />GRANT CYCLE APPROVAL LETTER <br />Based upon your satisfactory performance and funding availability, you have been approved for <br />an additional Grant Cycle. The Approved Project Budget for the additional Grant Cycle is <br />enclosed and should be appended to your contract. Payments for this additional Grant Cycle <br />shall be made pursuant to the following Commission policy: <br />"At no time may a Grantee have on-hand an unspent balance that exceeds the initial <br />payment authorized by the grant agreement between the Grantee and the Commission. <br />Commission staff may withhold or reduce monthly payments to a Grantee until an on- <br />hand unspent balance is reduced to the established limit or depleted." <br />On-hand balances will be calculated by subtracting reported approved expenditures from the <br />grand total of payments made. Future payments remain contingent upon satisfactory performance <br />of the approved program of work and timely submission of all financial and programmatic <br />reports. <br />Grantees may elect to use any unspent balance from previous grant terms in accordance with the <br />Commission's "Carry Forward Procedures for Grantees". Carry-forward requests must be <br />submitted to Commission staff bathe Grantee as a Bud eg t Adjustment ReQUest within 45 days <br />after the end of the term in which the carry-forward was generated. <br />NORTH CAROLINA HEALTH AND <br />WELLNESS TRUST FUND COMMISSION <br />Lieutenant Governor Beverly E. Perdue <br />Chair <br />Date <br />28 <br />